LOEWS CORP — Director's Dealing 2017

Nov 29, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LOEWS CORP (L)
CIK: 0000060086
Period of Report: 2017-11-28

Reporting Person: SIEGEL KENNETH I (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-11-28	Common Stock	M	5625	$35.52	Acquired	5625	Direct
2017-11-28	Common Stock	M	5625	$38.46	Acquired	11250	Direct
2017-11-28	Common Stock	M	5625	$40.61	Acquired	16875	Direct
2017-11-28	Common Stock	M	5625	$40.46	Acquired	22500	Direct
2017-11-28	Common Stock	D	17593	$49.57	Disposed	4907	Direct
2017-11-28	Common Stock	S	4907	$49.69	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-11-28	Stock Appreciation Right	$35.52	M	5625	Disposed	2025-01-09	Common Stock (5625)	Direct
2017-11-28	Stock Appreciation Right	$38.46	M	5625	Disposed	2025-01-09	Common Stock (5625)	Direct
2017-11-28	Stock Appreciation Right	$40.61	M	5625	Disposed	2025-01-09	Common Stock (5625)	Direct
2017-11-28	Stock Appreciation Right	$40.46	M	5625	Disposed	2025-01-09	Common Stock (5625)	Direct

Footnotes

F1: Represents the weighted average price of multiple transactions with a range of prices between $49.63 and $49.78. The Reporting Person, upon request by the Commission Staff, the Issuer or a security holder of the Issuer, undertakes to provide further information regarding the number of securities at each separate price sold.

F2: The Stock Appreciation Rights became exercisable in four equal installments beginning on January 9, 2016.

F3: The Reporting Person received the Derivative Security pursuant to a stock appreciation right grant at no cost.